I G Petrochemicals (Small Cap - Next Multibagger) Share Target 2024, 2025 To 2039
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I G Petrochemicals Limited |
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Price: ₹543.45 | ||
| 52 Week Low: ₹402.50 52 Week High: ₹727.00 |
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| Market Capital: 1,632.12 Crore (Smallcap) | |||
| Basic Materials -> Chemicals | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: I G Petrochemicals Share Price Target For 2024
- 1.1.1: I G Petrochemicals Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: I G Petrochemicals Share Price Target For 2025
- 1.2.1: I G Petrochemicals Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: I G Petrochemicals Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: I G Petrochemicals Brief Company Overview
- 4: I G Petrochemicals Financial Performance
- 4.0.1: Is I G Petrochemicals A Good Buy For Long Term?
To predict the I G Petrochemicals's future market prices, we harnessed 2 dynamic approaches:
Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices
Approach 1: Technical Analysis Paired With Price Action
I G Petrochemicals Share Price Target For 2024
The line chart displays the monthly closing prices of I G Petrochemicals with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for I G Petrochemicals shares in 2024, see the table below.
I G Petrochemicals Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 568.0 (+4.51%) | Price Action: 19 Jun 2024 Low |
| 2024 Target 2 | 562.25 (+3.45%) | Price Action: 21 Oct 2024 Low |
| 2024 Target 1 | 556.5 (+2.4%) | Price Action: 14 Sep 2023 High |
| Current Price | 543.45 | I G Petrochemicals's share price as of 26 Dec 2024 |
| Stop Loss 1 | 537.55 (-1.09%) | Price Action: Jun 2022 Low |
| Stop Loss 2 | 532.0 (-2.11%) | Price Action: 08 May 2024 High |
| Stop Loss 3 | 526.35 (-3.15%) | Price Action: 25 Nov 2024 Low |
Short-Term Technical Outlook
Current Technical Position: I G Petrochemicals is displaying bearish momentum trading below key moving averages.
Key Technical Level: The 50-day moving average at ₹568.49 serves as the nearest technical reference point.
Historical Returns: 3-month: -9.24% | 6-month: -9.96% | 1-year: +16.02%
I G Petrochemicals Share Price Target For 2025
The line chart displays the monthly closing prices of I G Petrochemicals with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for I G Petrochemicals shares in 2025, see the table below.
I G Petrochemicals Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 776.06 (+42.8%) | Price Action: Chart |
| 2025 Target 2 | 761.59 (+40.13%) | Price Action: Chart |
| 2025 Target 1 | 754.05 (+38.75%) | Fibonacci Extension Level 64.90% |
| Current Price | 543.45 | I G Petrochemicals's share price as of 26 Dec 2024 |
| Stop Loss 1 | 495.1 (-8.9%) | Price Action: 10 May 2024 Low |
| Stop Loss 2 | 490.1 (-9.82%) | Price Action: 03 Jun 2024 Low |
| Stop Loss 3 | 485.1 (-10.74%) | Price Action: 31 May 2024 Low |
Long-Term Technical Outlook
52-Week Range Analysis: I G Petrochemicals is currently trading at 43.4% of its 52-week range (₹402.5 - ₹727).
Long-Term Trend Analysis: The stock is in a bearish long-term trend, trading below key long-term moving averages.
Long-Term Performance: 1-year: +16.02% | 3-year: -21.61% | 5-year: +223.58%
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Approach 2: Machine Learning By Studying Historical Prices
I G Petrochemicals Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹543.45 | ||
| 2024 | ₹633.28 | +16.52% | ₹642.78 |
| 2025 | ₹746.16 | +17.82% | ₹821.51 |
| 2026 | ₹974.83 | +30.64% | ₹993.90 |
| 2027 | ₹1,252.20 | +28.45% | ₹1,270.98 |
| 2028 | ₹1,293.25 | +3.27% | ₹1,312.65 |
| 2029 | ₹1,375.07 | +6.32% | ₹1,467.55 |
| 2030 | ₹1,454.28 | +5.76% | ₹1,682.89 |
| 2031 | ₹1,752.37 | +20.49% | ₹1,898.23 |
| 2032 | ₹2,113.58 | +20.61% | ₹2,145.28 |
| 2033 | ₹2,075.27 | -1.81% | ₹2,106.40 |
| 2034 | ₹2,116.85 | +2% | ₹2,328.92 |
| 2035 | ₹2,162.40 | +2.15% | ₹2,544.27 |
| 2036 | ₹2,529.91 | +16.99% | ₹2,759.61 |
| 2037 | ₹2,974.95 | +17.59% | ₹3,019.57 |
| 2038 | ₹2,857.30 | -3.95% | ₹2,900.16 |
| 2039 | ₹2,729.46 | -4.47% | ₹3,190.30 |
Note: Target 1 and Target 2 represent price levels that the stock is most likely to achieve during the respective year, based on machine learning algorithms analyzing historical price patterns and market behavior. These predictions are generated through comprehensive analysis of the stock's historical data using advanced ML models.
I G Petrochemicals Brief Company Overview
Company Overview: I.G. Petrochemicals Limited I.G. Petrochemicals Limited is a Mumbai-based manufacturer and supplier of organic chemicals. Incorporated in 1988, the company has a strong presence in both domestic and international markets. Their diverse product range...
includes: Phthalic Anhydride: For plasticizers, resins, and pigments Maleic Anhydride: For spandex, resins, and detergents Benzoic Acid: For perfumes, dyes, and preservatives Advanced Plasticizers: For incense sticks, perfumes, and packaging With a proven track record in the industry, I.G. Petrochemicals is committed to delivering high-quality products and services to its customers worldwide.I G Petrochemicals Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 1,632.12 Crore | Market valuation of I G Petrochemicals's shares. |
| Revenue (TTM) | 2,159.48 Crore | Total revenue generated by I G Petrochemicals over the past twelve months. |
| Net Income (TTM) | +38.89 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | +7.78% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | +1.8% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
+5.4% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) |
-1.71% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio |
29.49 | Company's total debt divided by total shareholder equity. |
| Total Debt | 367.7 Crore | Sum of I G Petrochemicals's current & long-term financial obligations. |
| Total Cash | 272.19 Crore | Total amount of liquid funds available to I G Petrochemicals. |
| Beta | 1.04 | Beta is greater than 1 indicating that the I G Petrochemicals's price is more volatile than the market. |
Is I G Petrochemicals A Good Buy For Long Term?
IG Petrochemicals, a small-cap stock with a market cap of ₹1,632.12 crore, shows mixed signals. While its ₹2,159.48 crore revenue and ₹38.89 crore net profit (1.8% margin) are positive, a significant debt of ₹367.7 crore against a cash balance of ₹272.19 crore raises concerns. Negative earnings (-1.71%) compared to last year's Q2 and a recent 15.05% drop in the past three months warrant caution. Although its 5-year return is positive (26.30%), the current data suggests it's not a good buy for the long term. More in-depth analysis is recommended before considering investment.
Disclaimer: The information provided on this page is for educational purposes only and should not be considered as financial advice. Historical performance data and technical analysis cannot guarantee future results. Stock investments are subject to market risks. Please consult with a qualified financial advisor before making any investment decisions.
All stock data shown is sourced from publicly available information and while we strive for accuracy, we cannot guarantee the absolute accuracy of all figures. Users should verify critical information from official sources before making investment decisions.
